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     BEIJING (MNI) - The Chinese yuan weakened to 6.2826 against the U.S. dollar
on Monday from Friday's 6.2825 closing, following today's stronger fixing. 
     PBOC set the yuan central parity rate vs the U.S. dollar at 6.2884 on
Monday, stronger than Friday's 6.2898. 
     Interbank market rates increased after PBOC injected a net of CNY130
billion by its open market operations on Monday.
  - 7-day repo average rose to 2.7188% from 2.6966% Friday; 
  - Overnight repo average rose to 2.5663% from 2.5413% Friday. 
     The yield on the 10-year China Government Bond last traded 3.6500%, down
from 3.6925% at close Friday: Wind Information.
The Shanghai Composite Index fell 1.17% to 3122.11 at 11:00 a.m. today, while
Hong Kong's Hang Seng Index decreased 1.53% to 30337.44. 
--MNI Beijing Bureau; +86 10 85325998; email: he.wei@marketnews.com
--MNI Beijing Bureau; +86-10-8532-5998; email: beijing@marketnews.com
[TOPICS: M$A$$$,M$Q$$$,M$$FI$,MN$FI$,MN$FX$]

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